Tag Archives: Bitcoin News

MicroStrategy has bought over 6,000 more Bitcoin after fully satisfying its sizable Silvergate debt obligations. MicroStrategy Incorporated (NASDAQ: MSTR) recently increased its Bitcoin (BTC) holdings following a recent Silvergate Bank (NYSE: SI) loan repayment. According to reports, the BTC-loving business intelligence firm has bought an additional 6,455 Bitcoin for $150 million. The purchase, which also translates to an average price of $23,238 per token, brings MicroStrategy’s total...

It is expected that Dwpbank’s move will put pressure on other German banks and financial institutions in the country. Deutsche WertpapierService Bank (Dwpbank), has launched a new platform called wpNex. The securities processing giant announced the launch via a recent press release on the new platform. According to the release, wpNex by Dwpbank will accommodate its over 1,200 affiliated banks and will allow them to offer Bitcoin (BTC) trading to their customers in the second half of this...

It looks like the crypto contributions made to politicians by Sam Bankman-Fried – the former founder and chief executive of digital currency exchange FTX – are coming back to haunt him. Four new criminal charges have been filed against him, some of which stem from the political contributions he made to democrat candidates in the past. Bankman-Fried NEVER Should Have Gotten Involved in Politics It is alleged that Sam Bankman-Fried tried to buy his way into Congress and...

Bitcoin appears to have endured a solid year thus far. In February, for example, the world’s number one digital currency by market cap hit a six-month high of about $25,000, thus having expanded its price by roughly 50 percent since the end of 2022. For the most part, everything appears to be looking up for BTC, but there are still some detractors that believe the currency is trapped in a bearish pattern. Bitcoin May Not Be In Holly-Jolly Land Yet One such detractor is...

New York Attorney General Leticia James is suing another digital currency company. This time, the alleged “victim” of James’ attacks is Coin Ex, a crypto exchange that is reported to have conducted illegal business within the state. Leticia James and Coin Ex Will Duke It Out in Court It’s believed Coin Ex failed to engage in proper New York registration protocols. Court documents suggest the company persistently engaged in repeated “fraudulent practices” and that it...

It appears many of the world’s bitcoin units have “gone to sleep” over the past six months. A statement like this is not meant to be taken literally, but it appears there are several units of the world’s number one digital currency that have gone “dormant” in the last half year. $370 Billion in Bitcoin Has Been Dormant What this means is that a good portion of the bitcoin supply hasn’t moved. It hasn’t taken part in transactions, it hasn’t changed wallets, nothing has...

Bitcoin has been having a very good year in 2023. The currency is up 50 percent since the end of 2022, and it looks like it’s going to be enjoying at least another few solid months in the coming future thanks to leniency from China. China Is Stepping Back Into the Crypto Picture For the most part, China has always been a big player in the bitcoin and crypto communities. The country once accounted for close to three quarters of the world’s bitcoin and crypto mining...

Bitcoin, Ethereum, and many other leading digital currencies are coming to form after the horrors of 2022. They are experiencing solid bull runs, and Cameron Winklevoss – one half of the Winklevoss Twins – is claiming that a big bull run is heading our way, and that the U.S. needs to begin embracing crypto as a whole or risk being left behind forever. Cameron Winklevoss Thinks Big Things Will Happen for Crypto 2022 was easily the worst year on record for bitcoin and its...

Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying won’t last. Bitcoin May Not See Its Present Rally Last Among the analysts who feel positive towards bitcoin is OANDA’s Craig Erlam, who stated: It has been a phenomenal start to 2023 for bitcoin. 2022 was easily the worst year on record for the world’s number one digital currency by market cap. After reaching a new all-time high of about...

No matter how well bitcoin seems to do, the fact remains that it’s never going to please everyone, and occasionally, some new celebrity comes out to bash the world’s number one digital currency by market cap and act like it’s useless or worthless. Recently, the latest celeb to pop out and criticize bitcoin was Sir Tim Berners-Lee, the inventor of the World Wide Web. Tim Berners-Lee Isn’t a Bitcoin Fan It’s interesting that of all people, Berners-Lee has issues with...